repeal of the corn laws, yet he had by his budgets surrendered the whole principle of protection, and in his speeches acknowledged that the protective duties on corn rested on exceptional, and not necessarily permanent grounds of assumed expediency. It would be idle to attempt to determine exactly at what time these new views took firm hold of his mind, or in what way he would ultimately have given effect to them if the prospect of famine in Ireland had not compelled him to adopt a policy which, from a party point of view, was premature, and only to be defended on the grounds of urgent necessity. But we know, at any rate, that the agitation of the League, or, as he himself phrased it, "the conflict of arguments on the principle of a restrictive policy," had produced a profound impression upon him. As he told his constituents in 1847, "My confidence in the validity of the reasons on which I had myself heretofore relied for the maintenance of re- strictions on the import of corn had been materially weakened. It had been weakened by the conflict of arguments on the principle of a restrictive policy; by many concurring proofs that the wages of labour do not vary with the price of corn; by the contrast pre- sented in two successive periods of dearth and abundance in the health, morals, and tranquillity, and general prosperity of the whole community; by serious doubts whether, in the present condition of this country, cheap- ness and plenty are not ensured for the future in a higher degree by the free intercourse in corn than by restrictions on its importation for the purpose of giving protection to domestic agriculture." This passage puts the whole argument for free trade in corn in a nutshell.
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Publication Information: Book Title: Peel. Contributors: J. R. Thursfield - author. Publisher: Macmillan. Place of Publication: London. Publication Year: 1891. Page Number: 220.
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